Dimensional Fund Advisors Ltd. : Form 8.3 - DS SMITH PLC - Ordinary
Shares
1. |
KEY INFORMATION |
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(a) |
Full name of discloser: |
Dimensional Fund Advisors Ltd. in its capacity as investment
advisor and on behalf its affiliates who are also investment
advisors (”Dimensional”). Dimensional expressly disclaims
beneficial ownership of the shares described in this form 8.3. |
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(b) |
Owner or controller of interests and short positions
disclosed, if different from 1(a):The naming of nominee or
vehicle companies is insufficient. For a trust, the trustee(s),
settlor and beneficiaries must be named. |
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(c) |
Name of offeror/offeree in relation to whose relevant
securities this form relates:Use a separate form for each
offeror/offeree |
DS Smith PLC |
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(d) |
If an exempt fund manager connected with an
offeror/offeree, state this and specify identity of
offeror/offeree: |
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(e) |
Date position held/dealing undertaken:For an
opening position disclosure, state the latest practicable date
prior to the disclosure |
15 May 2024 |
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(f) |
In addition to the company in 1(c) above, is the discloser
making disclosures in respect of any other party to the
offer?If it is a cash offer or possible cash offer, state
“N/A” |
YESInternational Paper Co |
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2. |
POSITIONS OF THE PERSON MAKING THE DISCLOSURE |
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If
there are positions or rights to subscribe to disclose in more than
one class of relevant securities of the offeror or offeree named in
1(c), copy table 2(a) or (b) (as appropriate) for each additional
class of relevant security. |
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(a) |
Interests and short positions in the relevant securities of
the offeror or offeree to which the disclosure relates following
the dealing (if any) |
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Class of relevant security: |
10p ordinary (GB0008220112) |
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Interests |
Short Positions |
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Number |
% |
Number |
% |
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(1) |
Relevant securities owned and/or controlled: |
29,419,139 |
2.13 % |
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(2) |
Cash-settled derivatives: |
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(3) |
Stock-settled derivatives (including options) and
agreements to purchase/sell: |
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Total |
29,419,139 * |
2.13 % |
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*
Dimensional Fund Advisors LP and/or its affiliates do not have
discretion regarding voting decisions in respect of 540,869 shares
that are included in the total above. |
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All
interests and all short positions should be disclosed.Details of
any open stock-settled derivative positions (including traded
options), or agreements to purchase or sell relevant securities,
should be given on a Supplemental Form 8 (Open Positions). |
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(b) |
Rights to subscribe for new securities (including
directors’ and other employee options) |
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Class of relevant security in relation to which
subscription right exists: |
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Details, including nature of the rights concerned and
relevant percentages: |
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3. |
DEALINGS (IF ANY) BY THE PERSON MAKING THE
DISCLOSURE |
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Where
there have been dealings in more than one class of relevant
securities of the offeror or offeree named in 1(c), copy table
3(a), (b), (c) or (d) (as appropriate) for each additional class of
relevant security dealt in.The currency of all prices and other
monetary amounts should be stated. |
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(a) |
Purchases and sales |
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Class of relevant security |
Purchase/sale |
Number of securities |
Price per unit |
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10p ordinary (GB0008220112) |
Purchase |
56,157 |
3.7081 GBP |
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10p ordinary (GB0008220112) |
Purchase |
43,436 |
3.6996 GBP |
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10p ordinary (GB0008220112) |
Purchase |
860 |
3.6780 GBP |
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10p ordinary (GB0008220112) |
Sale |
11,297 |
3.7166 GBP |
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There was a Transfer In of 860 shares of 10p ordinary |
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(b) |
Cash-settled derivative transactions |
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Class of relevant security |
Product description e.g. CFD |
Nature of dealing e.g. opening/closing a
long/short position, increasing/reducing a long/short position |
Number of reference securities |
Price per unit |
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(c) |
Stock-settled derivative transactions (including
options) |
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(i) |
Writing, selling, purchasing or varying |
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Class of relevant security |
Product description e.g. call option |
Writing, purchasing, selling, varying etc. |
Number of securities to which option relates |
Exercise price per unit |
Type e.g. American, European etc. |
Expiry date |
Option money paid/ received per unit |
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(ii) |
Exercise |
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Class of relevant security |
Product description e.g. call option |
Exercising/ exercised against |
Number of securities |
Exercise price per unit |
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(d) |
Other dealings (including subscribing for new
securities) |
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Class of relevant security |
Nature of dealing e.g. subscription,
conversion |
Details |
Price per unit (if applicable) |
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4. |
OTHER INFORMATION |
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(a) |
Indemnity and other dealing arrangements |
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Details of any indemnity or option arrangement, or any
agreement or understanding, formal or informal, relating to
relevant securities which may be an inducement to deal or refrain
from dealing entered into by the person making the disclosure and
any party to the offer or any person acting in concert with a party
to the offer:Irrevocable commitments and letters of intent
should not be included. If there are no such agreements,
arrangements or understandings, state “none” |
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None |
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(b) |
Agreements, arrangements or understandings relating to
options or derivatives |
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Details of any agreement, arrangement or understanding,
formal or informal, between the person making the disclosure and
any other person relating to:(i) the voting rights
of any relevant securities under any option;
or(ii) the voting rights or future acquisition or
disposal of any relevant securities to which any derivative is
referenced:If there are no such agreements, arrangements
or understandings, state “none” |
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None |
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(c) |
Attachments |
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Is a Supplemental Form 8 (Open Positions)
attached? |
NO |
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Date of disclosure |
16 May 2024 |
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Contact name |
Thomas Hone |
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Telephone number |
020 3033 3419 |
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Public disclosures under Rule 8 of the Code must be made to a
Regulatory Information Service.
The Panel’s Market Surveillance Unit is available for
consultation in relation to the Code’s disclosure requirements on
+44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at
www.thetakeoverpanel.org.uk.